Retalon

MARCH 9, 2021

Setting initial pricing high may discourage customers or may create the impression of premium quality. Low prices, while more accessible, could permanently mark the product as a commodity. Pricing determines your long-term profitability. Low prices leave little room for promotions or end-of-lifecycle markdowns.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

CJ Retail Solutions

AUGUST 8, 2024

Product merchandising is a critical component of retail operations, focusing on the strategic presentation and promotion of goods to stimulate customer interest and drive sales. Beyond its impact on sales, product merchandising plays a crucial role in inventory management.

Cross Merchandising 52

Cross Merchandising Promotions Inventory Turnover Bundled Pricing 52

CJ Retail Solutions

JULY 21, 2024

By strategically positioning gondola shelves, retailers can create aisles and sections that highlight specific product categories or promotions, making it easier for customers to navigate the store and find what they are looking for. For example, retailers may use pricing tactics such as charm pricing (e.g.,

Visual Merchandising 52

Visual Merchandising Promotions Bundled Pricing Beauty and Health 52

V Count

OCTOBER 5, 2022

Being competitive to draw clients while making sure the retail store makes enough money from each sale is how profit margins are managed. The ratio between a product’s cost base and its selling price is known as the profit margin. You may want to sell more of these items or promote them more prominently in your store.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

APRIL 14, 2021

And cutting prices is the only way to clear this leftover inventory at the end of a season or of a product’s lifecycle. Although markdowns can have a similar sales uplift to a promotion, the purpose and approach of these two pricing events are very different. Use alternative pricing strategies in your markdowns.

Markdowns 41

Markdowns Dead-Stock Promotions Planning 41